US Investments in Nazi Germany. Rockefeller Financed Adolf Hitler’s Election Campaign
By Yuri Rubtsov and Prof Michel Chossudovsky, source Global Research and Fort Russ
From World War I to the Present: Dollar-denominated debt has been the driving force behind all US led wars.
Wall Street creditors are the main actors.
They were firmly behind Nazi Germany. They financed Operation Barbarossa and the invasion of the Soviet Union in 1941.
1932 Secret Agreement: Wall Street Finances Hitler’s Nazi Party
“On January 4th, 1932, a meeting was held between British financier Montagu Norman (Governor of the Bank of England), Adolf Hitler and Franz Von Papen (who became Chancellor a few months later in May 1932) At this meeting, an agreement on the financing of theNationalsozialistische Deutsche Arbeiterpartei (NSDAP or Nazi Party) was reached.
This meeting was also attended by US policy-makers and the Dulles brothers, something which their biographers do not like to mention.
A year later, on January 14th, 1933, another meeting was held between Adolph Hitler, Germany’s Financier Baron Kurt von Schroeder, Chancellor Franz von Papen and Hitler’s Economic Advisor Wilhelm Keppler took place, where Hitler’s program was fully approved.” (Y. Rubtsov, text below)
Upon the accession of Adolph Hitler as Chancellor in March 1933, a massive privatization program was initiated which bears the finger-prints of Wall Street.
Dr. Hjalmar Schacht –re-appointed in March 1933 by Adolph Hitler to the position of President of The Reichsbank — was invited to the White House (May 1933) by President Franklin D. Roosevelt.
“After his meeting with the U.S. President and the big bankers on Wall Street, America allocated Germany new loans totalling $1 billion” [equivalent to $23.7 billion in 2023, PPP estimate] (Y. Rubtsov, op cit)
The Deutsche Reichsbahn (German Railways) was privatized. The Nazi government sold off State owned shipbuilding companies, state infrastructure and public utilities.
With a “Nazi- Liberal” slant, –no doubt with “conditionalities”- the privatization program was negotiated with Germany’s Wall Street creditors. Several major banking institutions including Deutsche Bank and Dresden Bank were also privatized.
“[T]he government of the Nazi Party sold off public ownership in several State-owned firms in the mid-1930s. These firms belonged to a wide range of sectors: steel, mining, banking, local public utilities, shipyards, ship-lines, railways, etc.
In addition, the delivery of some public services that were produced by government prior to the 1930s, especially social and labor-related services, was transferred to the private sector, mainly to organizations within the party.” (Germa Bel, University of Barcelona)
The proceeds of the privatization program were used to repay outstanding debts as well as fund Nazi Germany’s buoyant military industrial complex.
Numerous U.S. conglomerates had invested in Nazi Germany’s arms industry including Ford and General Motors:
Both General Motors and Ford insist that they bear little or no responsibility for the operations of their German subsidiaries, which controlled 70 percent of the German car market at the outbreak of war in 1939 and rapidly retooled themselves to become suppliers of war materiel to the German army.
… In certain instances, American managers of both GM and Ford went along with the conversion of their German plants to military production at a time when U.S. government documents show they were still resisting calls by the Roosevelt administration to step up military production in their plants at home. (Washington Post, November 30, 1998)
